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Financial

Financial news

Carillion's PwC liquidators earning up to £1,100 an hour

Carillion's PwC liquidators earning up to £1,100 an hourSubscription

PwC staff were paid an average of £356 an hour by the official receiver for their work on Carillion’s liquidation, letters released by MPs’ joint inquiry have revealed.

Workers mental health silhouette 1

Workers condemn 'cancerous culture’ of long hoursSubscription

Industry workers have slammed the industry’s approach to long hours as “cancerous” as part of research into working conditions conducted by Construction News.

Midas sees margin fall to 0.3% as turnover rises

Midas sees margin fall to 0.3% as turnover risesSubscription

Profit margins at Midas have slumped to 0.3 per cent as clients force down prices, according to the firm’s end-of-year accounts.

Morgan Sindall’s half-year profit jumps 29%

Morgan Sindall’s half-year profit jumps 29%Subscription

Morgan Sindall has posted a 29 per cent rise in pre-tax profit from £23.1m to £29.9m in the first half of 2018.

Interserve posts half-year loss driven by turnaround costs

Interserve posts half-year loss driven by turnaround costsSubscription

Interserve has reported a pre-tax loss of £6m for the first six months of 2018.

Analysis